Quick charity verification for Charles Hayden Foundation (EIN: 135562237)
Verdict: Charles Hayden Foundation appears trustworthy
85/100Mission Score
$54.7MRevenue
$409.1MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown beyond total expenses makes precise spending efficiency analysis challenging.
Consistent 0% officer compensation is unusual for an organization of this size and warrants further investigation into how leadership is compensated or if it's truly volunteer-led.
Strengths
Extremely strong financial health with assets of $409,092,899 significantly exceeding liabilities of $2,302,647 in 202106.
Consistent history of IRS 990 filings, indicating good transparency.
Substantial revenue generation, with $54,679,886 in the latest period, supporting its grant-making capacity.
Positive net assets growth over time, from $298,871,156 in 201206 to $409,092,899 in 202106.
Spending Breakdown
How Charles Hayden Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Charles Hayden Foundation
Is Charles Hayden Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Charles Hayden Foundation (EIN: 135562237) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Charles Hayden Foundation a good charity to donate to?
Charles Hayden Foundation has a Mission Score of 85/100. Revenue: $54.7M. Assets: $409.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Charles Hayden Foundation?
The Employer Identification Number (EIN) for Charles Hayden Foundation is 135562237. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Charles Hayden Foundation spend its money?
Charles Hayden Foundation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Charles Hayden Foundation's tax-exempt status?
You can verify Charles Hayden Foundation's tax-exempt status using EIN 135562237 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Charles Hayden Foundation demonstrates strong financial health, consistently maintaining substantial assets. In the 202106 period, the foundation reported assets of $409,092,899 against liabilities of $2,302,647, indicating a very robust financial position. Its revenue in the latest period was $54,679,886, significantly higher than its expenses of $21,502,059 in 202106, suggesting effective management of its endowment and investment income. The foundation's primary function appears to be grant-making, and without detailed expense breakdowns beyond total expenses, it's challenging to precisely assess spending efficiency in terms of program vs. administrative costs. However, as a grant-making foundation, a significant portion of its expenses would typically be grants, which are direct program spending.
The foundation's transparency is generally good, as evidenced by its consistent IRS 990 filings. A notable aspect is the reported 0% officer compensation across all available filings, which suggests that executive leadership may be compensated through other means not categorized as 'officer compensation' on the 990, or that the foundation operates with volunteer leadership, which would be highly efficient. Further detail on administrative and fundraising expenses would enhance the assessment of its operational efficiency.